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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (11225)	6/17/2003 7:41:55 AM
From: JRI	Respond to of 306849

Dude (seriously) I'm confused about the net/net of owning home right now (let's leave aside fact that you pretty much NEED a home if you have kids...g) Fully agree that home owners are going to feel the pain of Fed's (and states) dumping tax burden off to lowest bagholder community...cities we be hiking sewage/etc. too...will likely not end for a while, and much, much higher...thanks Bush Jr/Uncle Al.. Higher interest rates/persistent, higher unemployment should be a drag on resale values.. And yet, the Noland/Heinz/etc allies (note: I didn't use "axis"g) point to (your conclusion) of owning hard assets....including homes! (inflatable asset?). So how does the net/net shake-out? IYHO? (Purely asset price discussion here).